Hamilton Locke is advising Primewest Group (Primewest) in relation to the off-market takeover bid and merger proposal received from Centuria Capital Group (Centuria).
Primewest is one of Australia’s leading real estate funds management businesses managing over $5.0 billion in assets across a range of listed, unlisted and private funds. The bid values Primewest at $600 million and the merged group at $2 billion.
Commenting on the transaction, Hamilton Locke partner, Patricia Paton said: “We began working with Primewest in the lead up to its initial public offering and it has been great to be part of the journey to date. We are pleased to now be assisting Primewest in relation to the agreed off-market takeover bid from Centuria”.
The Hamilton Locke team was led by Partners Patricia Paton, Guy Sanderson and Hal Lloyd who were closely supported by Senior Associate Matthew Bourke and Lawyer Jacob Pfeffer.
